Jordan Industrial Ports launches its five-year strategic plan
Amman Today
publish date 2023-02-28 10:59:10
The Jordan Industrial Ports Company launched its strategic plan and vision for the next five years under the title “Accelerating Jordan’s commercial prosperity with sustainable port services”, marking the start of a new phase of growth and development.
The strategy includes a number of targets that the company aspires to achieve by the year 2027, most notably; Reaching a design capacity of 10 million tons annually, within a tight marketing policy, and activating modern operational and environmental technologies within the industrial port to become the first smart port in Jordan, and the first “green” port in the Middle East region through its commitment to the highest standards of public safety and environmental protection. It will also become a training center for managing and operating ports in the region.
His Majesty King Abdullah II inaugurated the project to expand and rehabilitate the industrial port in Aqaba, with an investment size of 145 million dinars, in June 2022. Since that time, the Industrial Ports Company has made great efforts to develop a five-year strategy that is consistent with the goals of the Kingdom’s economic vision.
The head of the Aqaba Special Economic Zone Authority, Nayef Al-Fayez, during his sponsorship yesterday, Monday, of the official ceremony for launching the strategy, emphasized the importance of the company’s growing role in supporting the national economy as a logistical support for the mining industries and manufacturing fertilizer industries in the Kingdom, and it constitutes a model for the success of cooperation between the public and private sectors.
He appreciated the efforts exerted by the Arab Potash and Jordanian Phosphate Companies (the parent companies of the Jordan Industrial Ports Company) in developing and rehabilitating the industrial port according to the best standards and specifications.
For his part, the Chairman of the Board of Directors of the Jordanian Phosphate Mines Company, Dr. Muhammad Al-Thunaibat, pointed out that the increase in the capacity in the industrial port will give an opportunity for phosphate mines to expand the production of phosphate fertilizers and phosphoric acid.
He stressed the importance of partnership between companies operating in the field of fertilizer industry and integration between them in order to develop industries with high added value that contribute to enhancing the profitability of companies that use the port, in addition to contributing to strengthening the foundations of the overall economy of the Kingdom.
The international standards adopted in this field, which raises the national export capabilities, and improves the Kingdom’s classification in the global logistics and transport services performance index.
For his part, the Chairman of the Board of Directors of the company, CEO of the Arab Potash Company, Dr. Maen Ensour, indicated that the strategy came in line with the objectives of the vision of economic modernization, which focuses on unleashing Jordan’s full potential to achieve sustainable comprehensive growth and provide job opportunities, indicating that the strategy will be a breakthrough For a new and qualitative stage in the work of the company, which seeks to become the first in the management and operation of ports in the region.
He explained that the Industrial Ports Company is Jordan’s first gateway to the global fertilizer trade and is working to achieve the goals of the parent companies (Jordanian phosphate mines and Arab potash) represented in completing the supply and supply chains for industries in accordance with the highest international frameworks for occupational and environmental safety and health, pointing to the vital role played by the industrial ports. To support the national economy, as last year the company supplied about 12 million dinars as concession fees, land rent and others, while the value of goods exported through the port amounts to 2.5 billion dinars annually, in addition to the contributions of the company and its parent companies to solving the problem of unemployment through training, rehabilitation and employment.
He stressed that the parent companies (the Arab Potash Company and the Jordanian Phosphate Mines Company) have created all the elements of success and sustainability in the company by providing it with modern and advanced equipment and technologies and qualified and trained human cadres, pointing to the role of the government partner represented by the Aqaba Development Company in the success of the “industrial ports” business, due to its realization The importance of this investment and its positive impact on the national economy.
In turn, the Chairman of the Board of Directors of the Arab Potash Company, Eng. Shehadeh Abu Hudaib, referred to the benefits achieved for the “Arab Potash” as a result of the establishment of the Industrial Ports Company equally with the Jordan Phosphate Mines Company, in terms of reducing shipping costs and serving the partners’ expansion plans, and contributing to increasing the reliability of The international markets with the local Jordanian product, as the company has ensured high quality in handling.
In turn, the CEO of the Aqaba Development Company (the concessionaire) Hussein Al-Safadi said that the success of the Industrial Ports Company reflects the attractiveness of the investment environment provided by the regulations and legislation in force in the Aqaba Special Economic Authority.
In addition, the Vice-Chairman of the Board of Directors of the Industrial Ports Company and CEO of the Jordan Phosphate Mines Company, Eng. Abdel Wahhab Al-Rawad, stressed the importance of the partnership between Arab Potash and Jordanian Phosphate, which was embodied in the Industrial Ports Company, indicating that the two companies intend to implement many joint projects in the future, such as the manufacture of ammonia and fertilizers. improved as well as scientific research.
The Director General of the Jordan Industrial Ports Company, Eng. Khaled Shehadeh, gave a briefing on the company’s strategic plan, which emanates from the vision of the economic modernization of the Kingdom, in which focus was placed on a number of axes represented by public safety and the health of workers in the industrial port, in addition to applying the highest quality standards in handling through Maintaining flexibility in updating and accommodating global market changes and the requirements of existing and new users.
And he indicated that the company, in implementation of its strategy, is working side by side with the Aqaba Development Company to develop a formula for an agreement on a new expansion investment within a next stage that includes increasing the concession period to 50 years, to reduce economic risks to the two partners (Arab Potash and Jordanian Phosphates).
The Jordan Industrial Ports Company, during a record period since its establishment, obtained a number of international certificates and awards that placed it on the global port map, such as ISO accreditations certificates in quality, public safety, and the environment, and unique environmental certificates such as (Ecoport SLC), in addition to the Excellence Award in Occupational Safety and Health within the Dry Bulk Ports World Group, the British Safety Council and other local and international boards and organisations.
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Source : اخبار الاردن